The kimchi premium is gone."Bitcoin is even more popular overseas." [Y Record]

2024.11.12 AM 10:22
■ Host: Anchor Cho Jin-hyuk
■ Starring: Choi Yo-han, current affairs and economic commentator

* The text below may differ from the actual broadcast content, so please check the broadcast for more accurate information. Please specify [YTN News UP] when quoting.

◆ Anchor: But you said that it's hard to predict how long this financial rally will last, but the fact that the golden age of virtual assets itself is gaining strength. What do you think?

◇ Choi Yo-han: So optimism as soon as President Trump is elected, let's just look at the picture.It's going to reach $100,000, it's going to go to $200,000 in 2025. Some people talk like this and for other pessimism, this is a kind of trend right now. There is a coordinator in the background. Head, shoulders, knees, and arms came up to the shoulder. It is difficult to make a forecast. There are conflicting views.Nevertheless, there are a lot of people who think that if we look at the current trend by the end of the year, it will reach $100,000.

◆ Anchor: Of course, I think we should be careful about volatility. But actually, Bitcoin is more expensive in Korea, so there has been a lot of talk about it being a kimchi premium, but when I looked at it a while ago, it was cheaper to buy it in Korea. What's going on here?

◇ Choi Yo-han: This is a kimchi discount, now it's changed to a discount, not a kimchi premium. Virtual asset traders in overseas markets are more enthusiastic than in Korea right now. Looking at it now, it is showing a contrast to the nearly 10% increase during last year's fire season. Looking at the virtual asset information site, the virtual asset fear and greed index was 79 yesterday. It has not yet reached the 80+ extreme greed section. However, since all media, including YTN, say Bitcoin is rising and rising, the fear index may continue to rise now. The previous highest was in March. It's been over 90. Why don't you go until then? At the same time, it is estimated that there will be a rally.

Excerpt from the conversation: Jung Eui-jin, editor of the digital news team


※ 'Your report becomes news'
[Kakao Talk] YTN Search and Add Channel
[Phone] 02-398-8585
[Mail] social@ytn.co.kr

Editor's Recomended News

The Lastest News

Entertainment

Game